ReddCoin (RDD) Self Reported Market Capitalization Tops $2.15 Million

ReddCoin (RDD) traded 135.9% higher against the US dollar during the 24-hour period ending at 12:00 PM E.T. on November 5th. In the last week, ReddCoin has traded up 41% against the US dollar. One ReddCoin coin can now be bought for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. ReddCoin has a market cap of $2.15 million and approximately $56.41 worth of ReddCoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded up 14.1% against the dollar and now trades at $0.18 or 0.00000252 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.05 or 0.00008631 BTC.
• Litecoin (LTC) traded 0.4% higher against the dollar and now trades at $66.75 or 0.00095172 BTC.
• Uniswap (UNI) traded up 6.1% against the dollar and now trades at $7.21 or 0.00010272 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 8.6% lower against the dollar and now trades at $0.0449 or 0.00000064 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001420 BTC.
• WhiteCoin (XWC) traded 3.4% lower against the dollar and now trades at $0.0131 or 0.00000019 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on February 2nd, 2014. ReddCoin’s total supply is 30,397,274,955 coins and its circulating supply is 30,399,022,287 coins. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. ReddCoin’s official website is www.reddcoin.com. ReddCoin’s official message board is www.reddcointalk.org. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here.

According to CryptoCompare, “Reddcoin is trying to jump on the tipping bandwagon by making itself the social network donation go to default. A Scrypt coin with a 60 second block time and block retargeting using kimoto’s gravity well. The coin also includes a 5% annual inflation after the 27.5 billion have been mined by PoW. Alongside Reddcoin includes an innovative proof of stake velocity algorithm.”

ReddCoin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView